/FMP/MP021 - Price type &1 cannot also be created as a valuation alternative

SAP Error Message - Details

• Message type: E = Error

• Message class: /FMP/MP -

• Message number: 021

• Message text: Price type &1 cannot also be created as a valuation alternative

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

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AnswerBot

• What is the cause and solution for SAP error message /FMP/MP021 - Price type &1 cannot also be created as a valuation alternative ?

  The SAP error message /FMP/MP021 Price type &1 cannot also be created as a valuation alternative typically occurs in the context of Material Management (MM) or Financial Management (FM) modules when there is an issue with the configuration of price types and valuation alternatives in the system.
  Cause:
  
  Duplicate Configuration: The error indicates that the price type you are trying to create or modify is already defined as a valuation alternative in the system. In SAP, each price type should be unique and cannot serve multiple roles simultaneously.
  Incorrect Settings: There may be incorrect settings in the configuration of price types or valuation alternatives, leading to conflicts.
  Data Inconsistency: There might be inconsistencies in the master data or configuration settings that are causing the system to reject the creation of the price type as a valuation alternative.
  
  Solution:
  
  
  Check Existing Configurations: Review the existing price types and valuation alternatives in the system. Ensure that the price type you are trying to create does not already exist as a valuation alternative.
  
  Navigate to the relevant configuration settings in SPRO (SAP Project Reference Object) and check the definitions for price types and valuation alternatives.
  
  
  
  Modify or Delete Conflicting Entries: If you find that the price type is already defined as a valuation alternative, you may need to either modify or delete the conflicting entry, depending on your business requirements.
  
  
  Consult Documentation: Refer to SAP documentation or help files for guidance on how to properly configure price types and valuation alternatives. This can provide insights into best practices and common pitfalls.
  
  
  Testing: After making changes, test the configuration in a development or quality assurance environment before applying it to production to ensure that it resolves the issue without introducing new problems.
  
  
  Seek Help from SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support or consulting with an SAP expert who can provide more tailored assistance based on your specific system configuration.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO for configuration, MM01 for material creation, and MM02 for material modification.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches that address known issues.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to resolve the error message and ensure that your price types and valuation alternatives are correctly configured in SAP.